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CryptoLogic Annual Shareholders' Meeting

DUBLIN, IRELAND, and TORONTO, CANADA--(Marketwire - May 12, 2010) - CryptoLogic Limited (TSX:CRY)(TSX:CXY)(NASDAQ:CRYP)(LSE:CRP) will hold its Annual Meeting of Shareholders on Monday, May 17, 2010 at 2:00 p.m. Dublin time/9:00 a.m. Toronto time.

A live webcast of the meeting will also be available.

Date: Monday, May 17, 2010 
Time: 2:00 p.m. (Dublin Time) 
Location: D4 Berkeley Hotel 
 Pembroke Road 
 Ballsbridge 
 Dublin 4, Ireland 

Webcast

To access the live webcast, please go to [ www.cryptologic.com ] and click on Investor Information/Events. Listeners will be able to access the webcast with either Real Player or Windows Media Player. A rebroadcast of the webcast will be available for 365 days.

About CryptoLogic^® ([ www.cryptologic.com ])

Focused on integrity and innovation, CryptoLogic Limited is a leading public developer and supplier of Internet gaming software. With more than 300 games, CryptoLogic has one of the most comprehensive casino suites on the Internet, with award-winning games featuring some of the world's most famous action and entertainment characters. The company's licensees include many top Internet gaming brands, including the "big four" international operators. CryptoLogic's leadership in regulatory compliance makes it one of the few companies with gaming software certified to strict standards similar to land-based gaming. WagerLogic^® Limited, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of gaming software and services to blue-chip customers that offer their games to non-U.S. based players around the world. For information on WagerLogic, please visit [ www.wagerlogic.com ].

CryptoLogic's common shares trade on the Toronto Stock Exchange (CRY, CXY), the NASDAQ Global Select Market (CRYP) and the Main Market of the London Stock Exchange (CRP).